Short-Term Bond ETF (BATS:STBF) Short Interest Down 57.6% in June

Short-Term Bond ETF (BATS:STBF) was the target of a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 16,460 shares, a drop of 57.6% from the June 15th total of 38,848 shares. Based on an average daily volume of 21,886 shares, the short-interest ratio is currently 0.8 days. Currently, 2.4% of the shares of the company are short sold.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Short-Term Bond ETF stock. Rothschild Investment LLC boosted its holdings in Short-Term Bond ETF (BATS:STBF) by 528.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 170,838 shares of the company’s stock after acquiring an additional 143,656 shares during the period. Rothschild Investment LLC owned 13.56% of Short-Term Bond ETF worth $4,332,000 as of its most recent filing with the Securities and Exchange Commission.

Short-Term Bond ETF Trading Down 0.0%

Short-Term Bond ETF stock opened at $25.33 on Tuesday. The stock has a 50-day simple moving average of $25.34 and a 200 day simple moving average of $25.38. Short-Term Bond ETF has a 52 week low of $25.15 and a 52 week high of $25.60.

Short-Term Bond ETF Company Profile

The Performance Trust Short Term Bond ETF (STBF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively manages a diversified portfolio of short-term bonds, tilting towards investment-grade credit. The fund utilizes a value-oriented strategy, seeking total return from income and capital preservation. STBF was launched on Apr 9, 2024 and is issued by Performance Trust.